The World - News from Nov. 24, 1988

Mexico and the United States will begin Cabinet-level talks in December to seek new ways to alleviate Mexico’s $100-billion foreign debt, President-elect Carlos Salinas de Gortari told reporters, one day after his meeting with President-elect George Bush in Houston. Salinas, who takes office Dec. 1, spoke to reporters on his return flight to Mexico City. He said he told Bush that new trade accords with the United States would be sought to permit greater access for Mexican goods in the American marketplace but warned that Mexico is not ready to join a North American common market.